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QUESTION 4 Assume you can invest money at a 14% rate of return How much money must be invested now in order to be able
QUESTION 4 Assume you can invest money at a 14% rate of return How much money must be invested now in order to be able to withdr $5,000 from this investment at the end of each year for 8 years, the first withdrawal occurring one year from now? O $24,840 O $1,755 O $21,440 $23,195 QUESTION 5 At an interest rate of 12%, how much would you need to invest today if you wanted to have $5,000 in 5 years? o $2,000 o $2.835 $5,000 $2,535
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